Crowdfunding “Champs” Score White House Invite

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Crowdfunding is a Zeitgeist phenomenon. As further evidence of how much it has become part of popular culture and the new “it” way of grassroots fundraising, the Obama Administration recently honored twelve Crowdfunding “Champions of Change.”

The Champions of Change event recognizes ordinary Americans who are “doing extraordinary things in their communities to out-innovate, out-educate, and out-build the rest of the world.” Every week, the Administration invites honorees to the White House to share their ideas for the future.

On June 4, the crowdfunding pioneers were recognized as “entrepreneurs who exemplify the promise of crowdfunding to fuel the growth of startups, small businesses, and innovative projects across the Nation,” according to the announcement released by the White House.

“The Champions of Change that the White House is honoring today are using crowdfunding to create jobs for our Nation’s veterans, accelerate the deployment of solar energy, revitalize our cities, and expand the frontiers of citizen science,” said Thomas Kalil, Deputy Director for Technology and Innovation for the White House Office of Science and Technology Policy. “Crowdfunding is the 21st century equivalent of barn-raising. We can use it to help our neighbors and fellow citizens start a business, enrich our culture, and apply grassroots creativity and imagination to challenges big and small.”

Below are a few of the honorees, which demonstrate the reach and breadth of crowdfunding:

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